Consumer groups in Europe are urging authorities to protect consumers against the risks of generative AI, like ChatGPT. On Tuesday, the European Consumer Organization (BEUC), representing consumer groups from 13 European countries, published a call to action(opens in a new tab), citing generative AI’s ability to spread disinformation, entrench bias and discrimination, and create scams.

New York City has established a new minimum wage for food delivery workers who deliver for platforms like Uber Eats, DoorDash, Grubhub and Relay. It should be a historic win for gig workers, but both delivery workers and companies are unhappy with it. Many workers, labor rights activists and even the city’s comptroller say the […]

A mere six months ago today, OpenAI released ChatGPT. Since then, it’s been a dizzying AI ride: The “interactive, conversational model” became the talk of the AI community within days and a global cultural phenomenon within weeks. In a new, unsettling twist, ChatGPT’s massive popularity can also be tied directly to today’s mainstream media headlines […]

According to a recent survey conducted by automation software firm UiPath, a substantial majority of workers (approximately 60%) believe that AI-powered automation solutions can mitigate burnout and significantly improve job satisfaction. Moreover, 57% of the respondents expressed a more positive perception of employers that integrate business automation to support their employees and streamline operations than of employers that do not, reflecting […]

Microsoft CEO Satya Nadella said during a taped interview with CNBC’s Andrew Ross Sorkin that what scares him most about artificial intelligence is “the entire society” has to come together to “maximize the opportunity and mitigate the dangers” of the technology, “We definitely want the benefits of this technology and we want to mitigate the unintended consequences,” Nadella said […]

No sooner did ChatGPT get unleashed than hackers started “jailbreaking” the artificial intelligence chatbot — trying to override its safeguards so it could blurt out something unhinged or obscene. But now its maker, OpenAI, and other major AI providers such as Google and Microsoft, are coordinating with the Biden administration to let thousands of hackers take a […]

It was in late March that Silicon Valley decided that it’s no longer shameful to accept massive investment dollars from Saudi Arabia. “The more I think about it, the more Saudi almost feels like a startup,” Adam Neumann, the WeWork founder, told the audience of the Miami conference hosted by the kingdom. Venture capitalists Ben […]

Climate change is on the minds of consumers and businesses across the globe. It has become increasingly important for businesses to not only commit to environmental, social and governance (ESG) practices but to be able to quantify the impact of those commitments. When it comes to the “e” in ESG, the pressure to reduce businesses’ impacts on climate […]

Some venture capitalists are nurturing small upstarts amid the ongoing crypto winter. Zoom in: Rarely as of late is the venture capitalist making it rain on the crypto sector. Rather, investments are small and are going to smaller operations whose missions are pointed at boning up the crypto ecosystem, VCs tell Axios. What they’re saying: “There has […]

 FNEX, a leading private securities liquidity platform, and fintech-enabled investment bank, announced that it continued its trend in annual profitability and seeing its revenue increase significantly to more than $75M in 2022, despite a volatile equities market. FNEX attributes its success to a breadth of alternative financial product exposure including private stock transactions, real estate-based […]